MUDICO AS

4329 SANDNES

Finances

Return on Equity

1,02 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 000	752 000	398 000	406 000
Net Income	3 000	70 000	74 000	118 000
Total Assets	385 000	501 000	291 000	292 000
Total Equity	295 000	292 000	222 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 000	752 000	398 000	406 000
Expenditure	621 000	662 000	303 000	255 000
Operating Profit	3 000	90 000	95 000	151 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	3 000	90 000	95 000	151 000
Tax	1 000	20 000	21 000	33 000
Net Income	3 000	70 000	74 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 000	75 000	15 000	0
Total Current Assets	184 000	426 000	276 000	292 000
Total Assets	385 000	501 000	291 000	292 000
Total Retained Equity	265 000	262 000	192 000	118 000
Total Equity	295 000	292 000	222 000	148 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	90 000	209 000	69 000	145 000
Total Equity and Debt	385 000	501 000	291 000	292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	624 000	752 000	398 000	406 000
Other Income	0	0	0	0
Revenue	624 000	752 000	398 000	406 000
Cost of Goods Sold	0	0	0	0
Salary Costs	478 000	402 000	37 000	118 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	621 000	662 000	303 000	255 000
Operating Profit	3 000	90 000	95 000	151 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	3 000	70 000	74 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	0	0	0
Total Tangible Assets	96 000	0	0	0
Total Fiancial Fixed Assets	105 000	75 000	15 000	0
Total Fixed Assets	201 000	75 000	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	361 000	275 000	273 000
Total Current Assets	184 000	426 000	276 000	292 000
Total Assets	385 000	501 000	291 000	292 000
Total Equity	295 000	292 000	222 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	11 000	0	1 000	3 000
Unpaid Taxes	36 000	132 000	34 000	13 000
Dividends	0	0	0	0
Other Current Debt	42 000	58 000	12 000	96 000
Total Current Debt	90 000	209 000	69 000	145 000
Total Equity and Debt	385 000	501 000	291 000	292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,02 %	23,97 %	33,33 %	79,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,48 %	11,97 %	23,87 %	37,19 %
Current Ratio	2,04	2,04	4	2,01
Quick Ratio	2,04	2,04	4	2,01
Equity Ratio	0,77	0,58	0,76	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %